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OpenPayd

OpenPayd
2026-10-04 00:09:00

OpenPayd targets Nasdaq listing by end of 2026 at roughly $1.1 billion valuation

London-based stablecoin payments infrastructure firm OpenPayd plans to go public on Nasdaq by the end of 2026 through a merger with Titan Acquisition Corp., according to CoinDesk. The deal would value the company at about $1.1 billion, and the combined entity is expected to trade under the ticker OP. CEO Iana Dimitrova said proceeds from the listing are intended to support expansion in the U.S. market and acquisitions. The company is aiming to launch services for U.S. customers by April 2027. OpenPayd said it has acquired and integrated money transmitter licenses in 43 states. For its latest fiscal year ended April 30, 2026, the company reported $73 million in revenue, up about 28% year over year. OpenPayd provides fiat and stablecoin payment infrastructure, and its clients include Kraken and OKX.

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OpenPayd targets Nasdaq listing by end of 2026 at roughly $1.1 billion valuation
OpenPayd
2026-10-03 16:06:03

OpenPayd expects to close Titan merger and list on Nasdaq under OP by year-end

London-based payments infrastructure firm OpenPayd expects to complete its merger with Titan Acquisition Corp. and list on Nasdaq by the end of this year, Chief Executive Iana Dimitrova told CoinDesk. The combined company is expected to trade under the ticker OP, though the deal still requires the U.S. Securities and Exchange Commission to declare the registration statement effective and also needs approval from Titan shareholders. Under the announced terms, the transaction implies a pro forma equity value for OpenPayd of as much as $1.1 billion. The company provides accounts, foreign exchange, and domestic and cross-border payment services to firms including Kraken, B2C2, and OKX, and also offers infrastructure for converting between fiat currencies and stablecoins. OpenPayd said it has connected to the Circle Payments Network and the Fireblocks payments network. It also brought MSB USA Inc. and its 43 state money transmitter licenses into the group last month, with plans to launch services for U.S. clients by April 2027. For the fiscal year ended April 30, 2026, revenue was $73 million, EBITDA was $13 million, and net loss was $2.8 million.

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OpenPayd expects to close Titan merger and list on Nasdaq under OP by year-end
OpenPayd
2026-10-03 16:00:56

OpenPayd Targets Year-End Nasdaq Listing as It Prepares U.S. Launch and Acquisition Push

London-based payments infrastructure firm OpenPayd is aiming to complete its Nasdaq listing by the end of 2026 through a merger with Titan Acquisition Corp., according to CEO Iana Dimitrova in an interview with CoinDesk. The deal is in the final stage of U.S. Securities and Exchange Commission review and still requires the registration statement to become effective as well as approval from Titan shareholders. If the transaction closes, OpenPayd is expected to trade under the ticker OP. The company said it is building toward a U.S. launch by April 2027 after bringing MSB USA Inc. and 43 state money transmitter licenses into the group last month. Dimitrova said the listing is intended to support U.S. expansion and acquisitions, with OpenPayd also considering a private placement ahead of the merger to fund growth. The firm reported $73 million in revenue for the year ended April 30, 2026, up from $57 million a year earlier, along with $13 million in EBITDA and a $2.8 million net loss. A company spokesperson said that net loss was fully attributable to $5.8 million in one-time transaction costs tied to the proposed business combination.

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OpenPayd Targets Year-End Nasdaq Listing as It Prepares U.S. Launch and Acquisition Push
OpenPayd
2026-09-03 03:06:15

OpenPayd Secures 43 US State Licenses, Plans Nasdaq Listing via SPAC in Q4 2026

OpenPayd has completed its integration of MSB USA Inc. and obtained money transmitter licenses in 43 US states, accelerating its North American expansion. The company plans to list on Nasdaq via a merger with Titan Acquisition Corp in Q4 2026, at a valuation of approximately $1.1 billion. It already holds an EU MiCA authorization, with annualized recurring revenue exceeding $96 million and annualized transaction volume surpassing $300 billion. Its infrastructure supports fiat and stablecoin settlement, serving over 1,200 clients including Kraken and OKX.

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OpenPayd Secures 43 US State Licenses, Plans Nasdaq Listing via SPAC in Q4 2026